A GWENT company's former managing director has appeared in court accused of defrauding the firm out of more than £75,000.

Peter Maynard Roberts, 64, has been charged with two offences relating to Cwmbran’s Phenolic Ltd.

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He appeared before Newport Magistrates’ Court to deny an alleged £76,585 fraud and the theft of £43,210 from the business.

The alleged offences are claimed to have taken place between October 2016 and October 2018.

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Roberts, of Nethercott Lane, Lydeard St Lawrence, Taunton, Somerset, is due to stand trial at Newport Crown Court on October 30.

He was granted unconditional bail until then.